AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Veidekke

Earnings Release Jul 2, 2020

3781_rns_2020-07-02_6bb47f63-befb-43f6-a3e1-fddd965c3c78.html

Earnings Release

Open in Viewer

Opens in native device viewer

Veidekke ASA: To construct fish hatchery in Hardanger

Veidekke ASA: To construct fish hatchery in Hardanger

Today, Veidekke entered into a contract with Ænes Inkubator AS on the

construction of a land production facility for smolt at Ænes in the municipality

of Kvinnherad. The contract is a turnkey contract with a value of NOK 313

million, excluding VAT.

The fish farming companies Eide Fjordbruk Lingalaks and Tombre have joined

forces to construct the new fish hatchery Ænes Inkubator near the Hardanger

fjord in the municipality of Kvinnherad. The facility will produce around 3,000

tonnes of smolt per year, or 20 million smolt with a size of up to one kilogram.

The facility will comprise five departments across five separate tank halls,

with the first three halls equipped with steel tanks and the latter two concrete

tanks. The facility will also include a hatchery, vaccination hall, feed store

and various support functions. The building stock will span a total area of

9,500 m[2], including a 1,000 m[2 ]administration unit.

"We are delighted to have signed this construction contract. After signing the

design agreement back in April, we have enjoyed an exciting process in close

collaboration with the owners of Ænes Inkubator to get the final pieces into

place before the construction work commences. Having the opportunity to work

with industrially-minded entrepreneurs in the fish farming sector is both

exciting and educational for everyone involved. There are currently rapid

developments taking place where land facilities are concerned and this is

something we want to be a part of," says Erlend Bygnes, District Manager at

Veidekke Bygg Bergen.

Start of construction is scheduled for October, with completion set for December

2022. The contract is included in Veidekke's order book for Q2 2020.

For more information, contact:

District Manager Erlend Bygnes, tel. +47 97 09 53 33, [email protected]

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

[email protected]

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads and

produces asphalt and aggregates. The company is known for its engagement and

local knowledge. Annual turnover is approximately NOK 39 billion and around half

of its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

Talk to a Data Expert

Have a question? We'll get back to you promptly.